Praise for Darlington FC administrator3 February 2012
The man who agreed to let Darlington FC fans go ahead with their community-interest plan has been praised for his efforts to keep the club afloat.
Administrator Harvey Madden, of Taylor Rowlands, has been at the centre of desperate negotiations to ensure the club avoids liquidation.
Despite frontrunner venture capitalist Paul Wildes’ bid breaking down at the final stages, Madden still gave the green light to a plan proposed by the club’s rescue group.
And Darlington FC Rescue Group (DFCRG) spokesman Doug Embleton said: “We were able to convince the administrator (about the viability of the plan).
The scheme would see overall club control, fundraising and managment fall into the hands of supporters and the community.
“He was very supportive all along and just didn’t want to see the club fall.
“Now we have our people working on the working, structure and legality of the proposal.
And Darlington MP, Jenny Chapman, added: “We are very, very fortunate to have an administrator who understands this and the nature of the business.
“This is something where the community already has an emotional stake.”
Via InsolvencyNews, read the full piece here: Praise for Darlington FC administrator.